Call reports 2023
FARMERS STATE BANK, THE — 2023
What FARMERS STATE BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 70,725,000 | 71,843,000 | 73,019,000 | 72,770,000 |
| Total loans | 43,759,000 | 45,639,000 | 47,992,000 | 47,948,000 |
| Allowance for loan losses | 538,000 | 456,000 | 463,000 | 491,000 |
| Securities available for sale | 18,879,000 | 18,151,000 | 16,990,000 | 16,889,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,505,000 | 60,506,000 | 56,277,000 | 62,823,000 |
| Interest-bearing deposits | 52,711,000 | 51,183,000 | 47,517,000 | 54,847,000 |
| Noninterest-bearing deposits | 8,794,000 | 9,323,000 | 8,760,000 | 7,976,000 |
| Equity capital | 7,015,000 | 7,033,000 | 6,846,000 | 7,606,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 763,000 | 1,590,000 | 2,466,000 | 3,385,000 |
| Interest expense | 205,000 | 470,000 | 803,000 | 1,194,000 |
| Net interest income | 558,000 | 1,120,000 | 1,663,000 | 2,191,000 |
| Noninterest income | 86,000 | 182,000 | 269,000 | 362,000 |
| Noninterest expense | 518,000 | 991,000 | 1,449,000 | 1,892,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 126,000 | 393,000 | 580,000 | 747,000 |
| Income tax | 22,000 | 81,000 | 123,000 | 159,000 |
| Net income | 104,000 | 312,000 | 457,000 | 588,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,092,000 | 9,301,000 | 9,445,000 | 9,577,000 |